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Hydro Tasmania has fulfilled its pledge to rebound strongly in the 2016-17 financial year.

Hydro Tasmania’s ongoing contribution to the sustainability of hydropower development and operation internationally has again been recognised with an award presented last month in China. Dr Helen Locher, Hydro Tasmania’s principal consultant for sustainability, was presented with the 2015 Mosonyi Award for Excellence in Hydropower during the 2015 World Hydropower Congress in Beijing. Dr Locher joined Luiz Gabriel Azevedo and Jean-Étienne Klimpt as the winners of the 2015 Award.

A strong focus on cost savings and business efficiency has enabled Hydro Tasmania to deliver a financial result significantly better than forecast a year ago. Hydro Tasmania achieved a result of $62.3 million (before fair value adjustment and revaluations) in 2014–15.

Hydro Tasmania welcomes the release of the draft 2022 Integrated System Plan (ISP) which has confirmed the importance of Marinus Link to unlocking Tasmania’s dispatchable energy capacity and long duration storage opportunities, now identifying it as an “actionable project”.

There are many hidden treasures in the winding copper-coloured hills around Queenstown on Tasmania’s rugged west coast. But few of them carry the same history and mystique as the Lake Margaret Power Station.

A move to protect the short-finned eel has been achieved with the installation of an eel bypass in Launceston's Trevallyn Dam. This will allow the downstream migration of this remarkable migratory species that travels from the Tamar Estuary to spawn in the Coral Sea near New Caledonia.

In life - and in business - change is the only constant. Yes, it’s a cliché – but for over two years at Hydro Tasmania group we’ve had a deep commitment to the evolution of our culture, so we can tackle the energy industry’s biggest challenges head on.

The push to decarbonise Australia's energy sector is the opportunity for Tasmania, where what was once a mission to electrify the state now aligns with building a more sustainable future, according to Caroline Wykamp, Executive General Manager Commercial.